Keyword results: Petropavlovsk

Bearcast
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Tom Winnifrith Bearcast: the shock 6.22 PM death of 4D Pharma - lessons everyone can learn

At 6.22 PM yesterday evening, 4D Pharma announced the reason for its "temporary" share suspension. It wasn't a messy and discounted placing, as I suggested here, but administration. Shareholders will, I fear, lose everything. I discuss who is to blame, what can be done (nothing) and the read-across to a raft of other stocks that could go the same way, including Shield Therapeutics (STX), Cineworld (CINE), Petropavlovsk (POG), Verditek (VDTK) and more.

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Bearcast
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Tom Winnifrith Bearcast: happy anniversary, Forward Partners. Not! And so much pride in Joshua ahead of sports day

He might come home with a raft of certificates for "Welsh speaker of the week", or other such academic achievements, but Joshua is no great sportsman. Yet this afternoon, it is the school sports day, and the whole family is off to watch him. Discussing what lies ahead with him as we walked to school this morning, filled me with pride. In the main podcast, I look at Forward Partners (FWD) - another disastrous 2021 IPO; Petropavlovsk (POG), as it races to zero; Genflow Biosciences (GENF); MGC Pharmaceuticals (MXC) - placing ahoy; and Verditek (VDTK), where things could get very messy within days. Ref MXC, I discuss two historic examples of biotech's presenting data - on AIDS "cures", and its spoof ramp last week.

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Tom Winnifrith Bearcast: with a hat tip to reader, Jim, on the Isle of Man

Given it is hammering down here in North Wales, I bet Mr Mellon is somewhere far sunnier than Port Erin. The graphic below is from him, and I discuss it in detail. Then, I look at those determined to ignore clear warnings, ref Petropavlovsk (POG). I cover incomplete and thus, potentially deceptive, RNS statements ref. Nostra Terra Oil & Gas (NTOG), before assessing Fulham Shore (FUL) in detail. With gift aid, we have now raised £19,700 for Rogue Bloggers for Woodlarks - please help us reach the £20,000 landmark today (D-3 days), HERE. Finally, my podcast on falling out with Dominic Frisby, 1939 and all that can be accessed, HERE.

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Tom Winnifrith Bearcast: Time to double up on the Shield Therapeutics final collapse, the money's almost all gone!

On 18 February, at 25.5p to sell, the big bear call was greeted with abuse from BB savants, who, unsurprisingly, always know better.  Shares in Shield (STX) are now 14.6p, and the final collapse to c. 5p is now set to begin. Double up on your shorts.  In this podcast, I discuss Argo Blockchain (ARB); Nostra Terra Oil & Gas (NTOG) and its unsavoury CEO, Matt Lofgran - praise be the Lord; then, I look at Genflow Biosciences (GENF), as its shares continue to tank; Challenger Energy (CHAL); Eurasia Mining (EUA); and Petropavlovsk (POG), where the target remains 0p.  Finally, I remind you that Rogue Bloggers for Woodlarks is just 4 days away, and we are at 34% of the target. If among the 92% of listeners yet to donate, do give a fiver (or a tenner), HERE.

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Tom Winnifrith Bearcast: is it game over for Petropavlovsk?

In today's podcast, I cover Eurasia Mining (EUA), Made.com (MADE), Vast Resources (VAST) and Petropavlovsk (POG). I have more shocking news on Kinovo (KINO), whose shares should be suspended, and discuss FinnCrap (FCAP). I promise never to mention the company again if its CEO, smug Sam Smith, donates £100,000 to rogue bloggers for Woodlarks. Of course, she won't. So I must ask the 95% of Bearcast listeners yet to chip in: please make your donation, HERE  We are now at 20% of target - go on, make it 21% by tomorrow!

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Bearcast
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Tom Winnifrith Bearcast: Is this the beginning of the end of Peter Wall?

In today's podcast, I discuss the FTSE 100 sliding; bitcoin's crash; Coinbase; Online Blockchain (OBC); Argo Blockchain (ARB) and 3 questions Peter Wall MUST answer; Cellular Goods (CBX), where Wall today stepped down as chair (odd timing); Verditek (VDTK); the shame of Innovate UK and ex-footballer and NFT spiv, Michael Owen; Petropavlovsk (POG); and Versarien (VRS), where a cash crisis looms. Now, to brace myself: the mother-in-law will arrive at her new home in just a few hours.

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Bearcast
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Tom Winnifrith Bearcast - another feckin Inset day and the Mrs is away at a conference watching cats on the internet

Cue a rant on teachers and other public sector workers! I then discuss ADVFN (AFN); Mkango Resources (MKA); Parsley Box (MEAL); McColls (MCLS); Sensyne (SENS); Petropavlovsk (POG); and Vast Resources (VAST). Then, I look in detail at Nightcap (NGHT) and AO World (AO.)

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Top-10

Notes from Underground – Most read articles for the week ending 23 April 2022

These are the most-read articles and most listened-to Bearcasts of the week. The most read non-Tom is Centamin – Q1 Disappoints, Or Does It? by Nigel Somerville at Number 3 or Number 10 if you include Bearcasts.

Bearcast
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Tom Winnifrith Bearcast: You want me to be angry with 'arry fecking Adams of bloody Kefi? You will not be disappointed

In today's Bearcast, I start with Guild ESports (GILD), and a collapsing party house of cards. I refer to the David Williams of Avanti infamy shocker - it is still a cracking short. Then I comment on Petropavlovsk (POG), where I am surprised no one has feigned offence at my earlier headline.  There is a bit on NightCap (NGHT), but most of this podcast covers Kefi Gold and Copper (KEFI). Matthew and his dog will be delighted by that section.

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POG
POG
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Petropavlovsk – even Stevie Wonder can see the writing on this wall

For Petropavlovsk (POG) – as I warned you all on March 4th, here – things go from bad to worse. Its banker and sole purchaser of gold, GazpromBank, is sanctioned by the UK, so the AIM-listed miner cannot generate any revenues, or even pay interest on its debts. Today, the banksters have thus stated that the company is in default and called in the loans.

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Bearcast
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Tom Winnifrith bearcast: a bunch of clowns crashing into a gold mine

I discuss: Twitter and the bid from Elon Musk; Petropavlovsk (POG); Canadian Overseas Petroleum (COPL); FinnCap (FCAP); today's trading statement; and problems with Greek workmen.

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Bearcast
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TomWinnifrith Bearcast: My SIPP buys more Optibiotix, Bluebird vs Kefi, & much more

This is a very long podcast, covering: Optibiotix (OPTI); Skinbiotherapeutics (SBTX); Kefi (KEFI); Bluebird (BMV); Ten Lifestyle (TENG); CakeBox (CBOX); Deepverge (DVRG); Petropavlovsk (POG); Eurasia (EUA); and Amur Minerals (AMC).

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Bearcast
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Tom Winnifrith Bearcast: should I sack the dishonest Welsh worker, part 2

Yesterday all of you said i should sack him. But the sad old geezer has texted me today. I relay what he wrote and ask, in today’s edition of the Moral Maze, if I should still sack him? The answer I think you will give, bears direct relation to both musicMagpie (MMAG) and Advanced Oncotherapy (AVO) which I discuss. I also cover Petropavlovsk (POG), Amala Foods (DISH), Zak Mir, Richard “Nobody Likes me and I do not care” Jennings and Lift Ventures whose IPO seems not to be quite as “imminent” as Zak told us it was two months ago.

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POG
POG

Petropavlovsk - morally bankrupt, shareholders should feel dirty

Petropavlovsk (POG) has today issued a statement “Events in Ukraine.” After this I would feel dirty owning its shares, it shows a company that is morally bankrupt.

Top-10

Notes from Underground – Most read articles for the week ending 5 March 2022

These are the most-read articles and most listened-to Bearcasts of the week. The two most read non-Tom items last week were by me – The ShareProphets Sunday Pub Quiz #130 and Sunday Long Reads: Last of the Department Stores, Successful Estate Agent, Secret Taliban, Inside Pornhub, New Goldfish– which should buy me some time against a P45. TW Note, Don’t kid yourself.  The most read non-Tom, non-Darren story is After Ukraine it can never be the same again and it is going to be far worse before it gets better by David Scott.

POG
POG
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Could Petropavlovsk be a zero – 2 reasons not to bottom fish

Lucian Miers warns me that sentiment could change very quickly and so he’d be nervous of shorting Petropavlovsk (POG)at 1.52p with a £60 million market cap. But this company could be a zero for one of two reasons. Let’s start with the biggest shareholders:

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Bear

February performance update: start of 2022 top shorted London-listed shares

Early this year we showed the top shorted London-listed shares at the start of 2022. How’s the performance (those in bold remain from 2021) as at the end of February?…

Bearcast
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Tom Winnifrith Bearcast: Happy St David's Day, spread betters pull plug on Eurasia bubble, Avacta can still lose another 50% and more good news

Happy St David’s Day and happy pancake day. I start with the spread betters and Russian stocks notably Petropavlovsk (POG), Eurasia (EUA) and Polymetal (POLY). Then I look in detail at MGC Pharmaceiticals (MXC), how it legged over investors in November and is a massive short even now before turning to Vast Resources (VAST), Advanced Oncotherapy (AVO), Cellular Goods (CBX),Novacyt (NCYT) and Avacta (AVCT) my big sector short which has seen its shares collapse to 46p but could easily halve again within weeks.

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Bear
PREMIUM CONTENT

January performance update: start of 2022 top shorted London-listed shares

Early this year we showed the top shorted London-listed shares at the start of 2022. How’s the performance (those in bold remain from 2021) as at the end of the first month?…

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POG
POG
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Peter Hambro slams KPMG report into Petropavlovsk which slates him and associates for $302.4m of potential frauds

A “private & confidential” KPMG report commissioned by the new managers of Petropavlosk (POG) has, as you can see below, been published in full by the company and claims that its founders Peter Hambro and Dr Pavel Maslovskiy and associates may have taken out $302.4 million to which they were not entitled. But Hambro says that he and Maslovskiy (currently incarcerated in a Russian jail) were not given, as promised and as the company says they were, a chance to comment on the report which,he says, is riddled with innaccuracies.

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Bear

November performance update: start of 2021 top shorted London-listed shares

Early this year we showed the top shorted London-listed shares at the start of 2021. How’s the performance (those in bold remain from 2020) as at the end of November?…

Bear

October performance update: start of 2021 top shorted London-listed shares

Early this year we showed the top shorted London-listed shares at the start of 2021. How’s the performance (those in bold remain from 2020) as at the end of October?…

Bear

March performance update: start of 2021 top shorted London-listed shares

Early this year we showed the top shorted London-listed shares at the start of 2021. How’s the performance (those in bold remain from 2020) as at the end of March?…

Bear
PREMIUM CONTENT

February performance update: start of 2021 top shorted London-listed shares

Early this year we showed the top shorted London-listed shares at the start of 2021. How’s the performance (those in bold remain from 2020) as at the end of February?…

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Bear
PREMIUM CONTENT

January performance update: start of 2021 top shorted London-listed shares

Early this year we showed the top shorted London-listed shares at the start of 2021. How’s the performance (those in bold remain from 2020) as at the end of a month which saw the emergence of the Reddit short-attacking plotters?…

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Bear
PREMIUM CONTENT

Top shorted London-listed shares at the start of 2021

We review monthly the performance of the top shorted London-listed shares as at the start of each year. For 2020 the final review is HERE and, from the FCA’s spreadsheet of short positions required to be disclosed to it, we now have the top shorted London-listed shares as at the start of 2021 (those in bold remain from 2020)…

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POG
POG
PREMIUM CONTENT

Petropavlovsk – even for a gold mega-bull this is too much

A few readers have been asking about Russian gold miner, fully-listed Petropavlovsk (POG). As the dust starts to settle after the latest round of corporate shenanigans, there are enough signs for me to give this outfit a very wide berth…

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POG
POG
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Petropavlovsk – Q4 and FY 2019 update - gains now c100%+ so stock or twist?...

Petropavlovsk (POG) has updated on the final quarter and full-year 2019 and that it is “confident the company can significantly increase production to between 620koz to 720koz in the coming year, including treatment of third-party concentrates”

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POG
POG
PREMIUM CONTENT

Petropavlovsk – Q3 operational update & ‘Positive’ outlook, still a buy?...

Petropavlovsk (POG) has updated on increased gold sales (to 126.4koz) and average realised gold price (to $1,388/oz) in the third quarter, with CEO Dr Pavel Maslovskiy emphasising “the smooth ramp-up has continued at the POX Hub where we have now successfully commenced treating third party concentrates during the quarter”

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POG
POG

Petropavlovsk – interims & “now positioned to capitalise on higher gold prices and enhance cash generation”…

Petropavlovsk (POG) has announced results for the first half of 2019 including that it “remains on track to meet its full-year target of c.450koz - 500koz of gold sales (including the processing of 2018 Malomir stockpiles but excluding upside from third-party concentrate purchases)”, with also “the confidence to decrease total cash cost guidance for the full year to US$750 - US$850/oz”

POG
POG
PREMIUM CONTENT

Petropavlovsk – “Heavy Rainfall Event at the Malomir Mine”… but seems a minor issue & plenty of positivity

2019 Half Year Trading Update” followed by Heavy Rainfall Event at the Malomir Mine” announcements from Petropavlovsk (POG)…

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POG
POG

Petropavlovsk – “significantly oversubscribed” bonds issue looks to bode well

Petropavlovsk (POG) has announced a Convertible bond offering and repurchase” – with net proceeds to be used to advance construction of a new flotation facility at the company's Pioneer mine…

POG
POG

Petropavlovsk – receives bridge loans repayment, still more to come

Petropavlovsk (POG) has announced “it has received the Rouble equivalent of approximately US$57 million as full repayment of the two bridge loans advanced by Petropavlovsk to IRC during 2018”

POG
POG

Petropavlovsk – IRC refinances, cash inflow ahoy!

Following General Meeting approval last week, Petropavlovsk (POG) “is pleased to announce that the refinancing of the outstanding Industrial and Commercial Bank of China Ltd loan has been completed following an initial drawdown on a new US$240 million facility with JSC Gazprombank by the Kimkano-Sutarsky Mining and Beneficiation Plant LLC, a wholly owned subsidiary of IRC Limited”

POG
POG

Petropavlovsk – production update, boosted by successful commissioning of cornerstone project

Petropavlovsk (POG) has updated including “total gold production for 2018 was 422.3Koz… the group is targeting FY 2019 gold production of 450 - 500Koz”, with it “very proud to report the successful commissioning of our cornerstone project, the Pokrovskiy Pressure Oxidation plant”

POG
POG

Petropavlovsk – financial and operational progress, Buy

Petropavlovsk (POG) has updated that the first stage of its plan to reduce its guarantee for 31.1% owned IRC Limited is completed and that “with the twin events of concluding the restructuring of the IRC Facility, and with the successful ongoing ramp up of Petropavlovsk's Pressure Oxidation Hub, the company is poised to generate returns for its stakeholders in 2019 and beyond”

POG
POG

Petropavlovsk – POX Hub processing milestone, Buy

Petropavlovsk (POG) has announced the initial processing of refractory concentrate at its pressure oxidation (‘POX’) hub – emphasising this “marks a significant moment in the company's history, as we begin to process our refractory ore via the newest and most technologically advanced POX processing facility in Russia, a month ahead of schedule”

POG
POG

Petropavlovsk - POX Hub & IRC refinancing progress; buy

An update from Petropavlovsk (POG) as it progresses POX Hub commissioning and IRC Limited progresses refinancing…

POG
POG
PREMIUM CONTENT

Petropavlovsk – interims impacted by management ‘disruptions’, but emphasises “already turned a corner”

Petropavlovsk (POG) has announced results for the first half of 2018, which it notes “show the effect of the disruptions to the operations caused by the management hiatus in H1” but the recently returned management emphasise that “we can already report significant progress”

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POG
POG

Petropavlovsk – “significant progress” with a “key objective” - BUY

The recently returned management at Petropavlovsk (POG) are “pleased to have made significant progress” with one of their “key objectives” - “to achieve a solution to remove the company's guarantee of IRC's borrowings”

POG
POG
PREMIUM CONTENT

Petropavlovsk - a good one to buy and tuck away

Petropavlovsk (POG) is a stock we banked small gains on last year after finding ourselves on the losing side of a boardroom battle, though noting we still believed the fundamentals remained attractive. The share price is not greatly changed – but the former management is now back and so…

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POG
POG

Petropavlovsk – sack the board & former directors return requisition

Last year an EGM at Petropavlovsk (POG) saw the dodgy Russians win, Hambro et al out. Today an announcement of a Potential Shareholder Requisition

POG
POG

Petropavlovsk - the dodgy Russians win, Hambro et al out, what to do...

Rather as in the general election we found ourselves on the losing side at the Petropavlsovsk (POG) EGM. Peter Hambro and all bar two of the old board are out and nominees of the dodgy Russian shareholders are in. How should one view this?

Roulette

Are we starting to see the revenge of the exploited AIM private investor? Or are they being double duped

Few, other than the clowns such as Marcus Stuttard at the LSE, can argue against AIM having delivered absolutely dreadful returns for investors. Since its launch the AIM Index is down by 5.4% (dividends included). The FTSE 100 has doubled over the same period and the FTSE Small Cap Index is 250% ahead. Actually the numbers are even worse. Strip out a handful of massive winners like ASOS and Domino's Pizza and the AIM Index is into double digit losses. But are private investors who have born the brunt of this wealth destruction now getting revenge with spate of attempted boardroom purges? Yes and No.

Gold

Sharps Pixley sees 252% increase in demand for physical gold – are you surprised?

According to leading bullion dealer Sharps Pixley, the elections leading to a 'hung parliament' in the UK have seen a rush into physical gold by investors, as the country slips into a political vacuum. The uncertainty both in the UK and indeed geopolitical concerns across the globe have fed into firmer gold prices which have risen 11% so far in 2017 in international markets.

POG
POG

Petropavlovsk – Exploration Update emphasises achievements amidst attempted boardroom coup

Petropavlovsk (POG) Chief Executive Pavel Maslovskiy is “delighted to report a strong set of exploration results, which are encouraging at all levels including target generation, and to update you on our progress during 2017.”

POG
POG

Petropavlovsk - time for the Takeover Panel to intervene to stop Russian Roulette?

As a regular reader of the Russian publication Kommersant I bring you an article on Petropavlovsk (POG). Forgive the poor translation but the meaning is clear. If this article is correct, it is clear that those trying to oust the board are working in concert as part of a far wider plan or corporate activity. That is one reason we have voted FIML's shares in favour of the board and against the very dodgy rebels and urge you all to do the same. Surely this is something that the Takeover panel should be investigating as a matter of urgency?

POG
POG

Petropavlovsk – board structure update amidst attempted coup

Petropavlovsk (POG) has updated on the attempted boardroom coup – including on its process to appoint an independent Non-Executive Chairman, a further independent Non-Executive director and opposition to the requisitioning shareholder nominees.

POG
POG

Petropavlovsk - what on earth is M&G doing getting into bed with dodgy Russians? Attempted coup

Petropavlovsk (POG) has announced that it has received notification that three shareholders will vote against the re-election of all five existing directors and attempt to insert four new chaps at the forthcoming EGM. The shareholders all got their holding via the debt for equity swap and so are well in the money and are Renova Asset Holding Limited, Sothic Capital European Opportunities Master Fund Limited and M&G Debt Opportunities Fund II Limited.

Wray

Lucy Wray: UK Investor 2017 the biggest & most exciting yet - Great reasons to book NOW for April 21 2018!

UK Investor Show 2017 was three weeks ago and was our biggest event yet. The 15th anniversary party got rave reviews from attendees. But fear not the 16th show , UK Investor 2018 on April 21 will be even bigger and better and there are compelling reasons to book your seats NOW.

POG
POG

Petropavlovsk - Q1 2017 production results further boost shares

Petropavlovsk (POG) has announced first quarter of 2017 production results supporting a level of production towards the top end of the 2017 forecast of 420,000-460,000 ounces of gold…

POG
POG

Petropavlovsk - 2016 results help shares higher: far more to go

London main-market listed, gold miner in Russia Petropavlovsk (POG) has announced results for the 2016 calendar year, emphasising a return to profitability and a refinancing of bank debt - enabling it not to have to divest part of the value in its core organic growth development project, the POX Hub…

Gold

TODAY: Patience, patience, patience and yet more patience - that is the key to making money from shares

Making money from shares is simple. Well it should be. Buy cheap. Hold. Hold. Hold. Hold, and finally sell when the shares have delivered you big gains. Where so many folks go wrong is getting impatient and not being prepared to hold, hold, hold. Let us tell you about Symphony Environmental (SYM) which we tipped at a 6.75p offer just over three years ago. It did nothing for ages....

Gold

Video: Making money from gold and mining shares, a Main Stage discussion from UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Peter Hambro of Petropavlovsk (POG), Tony Manini of Asiamet Resources (ARS), Ross Norman of Sharps Pixley, Paul Atherley of Berkeley Energia (BKY), Dominic Frisby and Brian Kinane of Riverfort Global Capital discuss making money from gold and mining shares. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

POG
POG

Video: Peter Hambro of Petropavlovsk presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Peter Hambro, Chairman of Petropavlovsk (POG), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

POG
POG

About bloody time ...good news from Petropavlovsk: buy

Petropavlovsk (POG) has updated on its pressure oxidation hub development, with construction activities having fully resumed following bank debt refinancing.

POG
POG

Petropavlovsk Trading update - buy

Petropavlovsk (POG) has updated on 2016 production in-line with its revised guidance  (just) – and that it expects better in a 2017 year which should also see some transformative development. Good news, it is about time too.

POG
POG

Petropavlovsk and that global warming update - buy

Petropavlovsk (POG) has announced results of its adverse weather-induced (are you reading Al Gore?) impact assessment at Andreevskaya East  – with both negative and positive outcomes.

POG
POG

Petropavlovsk - very good news on debt: buy

An easing of debt risk for Petropavlovsk (POG) has moved a significant step closer – with it announced that the company has received approvals for the refinancing of its entire bank debt of $529.8 million from its lending banks, Sberbank and VTB.

POG
POG

Petropavlovsk: Al Gore made it all up about global warming - buy

As a climate change "denier" I have written elsewhere about how global temperatures are plunging not, as the BBC might lead you to believe, heading higher. You can see a recent article on that matter HERE. And thus Petropavlovsk (POG) serves up news from Russia which does not surprise me, but which might shock your average Guardian reader.

Gold

This Pullback In Gold Is Over – Or Is It?

I am a gold bull and hope that after Donald Trump wins on Tuesday we will see another big leg up. Hence we retain big positions in gold plays such as Petropavlovsk (POG), Wishbone (WSBN) and smaller holdings in Kefi (KEFI). So what does the chart say? Over to Palisade Capital.

POG
POG

Petropavlovsk: Debt refinancing (good) news - Buy

Updating last month on Petropavlovsk (POG), we noted debt risk but reassurance that “key terms have been agreed in principle for the rebalancing of the group’s debt maturities with its production profile”. The company has now further updated – including that it“expects to be in a position to confirm details of the refinancing shortly”.

POG
POG

Petropavlovsk Interims - buy

Half-year results from Petropavlovsk (POG) emphasise a return to profitability, though also reiterate that for the full year “expectations to be at the lower end of our original guidance of c.460,000-500,000oz” and net debt of $598 million.

Bearcast

Tom Winnifrith Bearcast: Avanti inches to zero and Arian - once a dog always a dog - it needs shooting!

I start this podcast with a look at Avanti Communications (AVN) where I hope you ignored the ramblings of snot gobbler's colleagues at the FT and stayed short. 0p is still looking likely and I discuss the problems IIs face today. I look at Arian Silver (AGQ), a dog with fleas which has served the fat useless bastards on the board and its crony capitalist advisers well as punters have been shafted year after year. I look at Northern Petroleum (NOP) where today's dismal results tell you that it is placing ahoy AGAIN, at Petropavlovsk (POG), Galantas (GAL), Boxhill (BOX) and at Capita (CPI),  

Bearcast

Tom Winnifrith Bearcast: I don't believe you & Meanwhile M&G does irony

In this podcast I look at M&G and Petropavlovsk (POG), I look at Strat Aero (AERO) where I shall be upping the ante next week. And then I look at what cutting base rates means and why the economic policies of post 2008 Britain have not worked and will end in tears.

POG
POG

Petropavlovsk: Trading statement and company chat

Most gold shares have soared over the past few months. Petropavlovsk (POG) shares, which we own, have not. At C7p we are ahead of our tip but not by much. It is disappointing and we apologise. But we have not lost faith. There are reasons for the lacklustre showing which came through in a first half trading statement and in a long chat with CEO Pavel Maslovskiy and chairman Peter Hambro.

POG
POG

Good news indeed from IRC for Petropavlovsk - buy

Petropavlovsk (POG) has welcomed latest news from its Hong Kong-listed associate company, IRC, as “a significant step forward in bringing K&S into full commercial production during Q3 2016”.

Amanda-Van-Dyke

Video: Amanda Van Dyke, Peter Hambro et al - the Mining Session at UK Investor

The afternoon at UK investor Show kicked off with the mining session chaired by Amanda van Dyke. Gold was the main focus and on stage with Amanda were Dominic Frisby, John McGloin of Amara (AMA), Peter Hambro of Petropavlovsk (POG), Tony Manini of Asiamet (ARS) and Ross Norman, the very sharp boss of bullion dealer Sharps Pixley

POG
POG

Video: Peter Hambro of Petropavlovsk presents at UK Investor Show

We own shares in Petropavlovsk (POG) and wont be selling at anything like the current share price. Our target to sell is 19p. I hope this presentation from the head honcho Peter Hambro explains why we are able to be so bullish.

POG
POG

Petropavlovsk: very busy bees indeed..

There’s been news aplenty from Petropavlovsk (POG) in recent days and the bull case remains very much intact.

Bearcast

Tom Winnifrith Bearcast 2nd May - why I like gold & why we own what we own

is this is a bullcast? We have 15% of our portfolio in gold becuase we are bearish about shares. Does that make sense? I discuss why you should own some physical gold and then why we own the shares we do, notably Petropavlovsk (POG), Ariana (AAU) and Wishbone (WSBN) but also much smaller amounts of Eurasia (EUA), Bluebird (BMV) and Armadale Capital (ACP)

POG
POG

My top three gold shares to buy - Amanda Van Goddess

In anticipation of the UK Investor Show this Saturday, where I am speaking on both the main stage and in a breakout session, Tom has asked me what is my all-time favourite UK gold stock is, and I have to admit I was a bit pressed for choice so I have decided to cheat a little and give you my top 3. 

KRS
KRS

You want one gold stock to buy but what? Ten experts say it should be...

Gold seems to be in an uptrend so maybe it is time to get a bit of exposure to the gold sector once more? But how? We adsked ten writers connected to this site and/or speaking at UK Investor show on Saturday if they had to bet the ranch on one stock what would it be?

POG
POG

Petropavlovsk - very good news from IRC - BUY (target 19p)

Petropavlovsk(POG) has highlighted an announcement from Hong Kong-listed associate company IRC that waivers in respect of IRC's project finance facility with ICBC have been conditionally granted – including for obligations for Petropavlovsk to comply with certain financial covenants.

BMV
BMV

BlueBird Merchant Ventures - first mining IPO for 8 months - we have a small flutter

I really hate backing IPOs. Many companies just struggle to adjust to life as a public company, it is like those cricketers who are great at proper cricket but just can't make the adjustment to the pyjama game. Whatever. We have had a small exposure (well not that small actually) today in Bluebird Merchant Ventures (BMV) - Bluebird Mining as was -  which is the first mining stock to make it to the London market in eight months.

POG
POG

Bank of America: Upgrade Petropavlovsk to BUY - 31% share price upside

All broker research is meaningless gibberish and so with that caveat I bring you - flagging that we own the shares - because it is quite interesting a stance & target price upgrade from last week from Bank of America on Petropavlovsk (POG)

POG
POG

Petropavlovsk - Q4 Trading update: Buy

Petropavlovsk (POG) has updated on its fourth quarter and full-year 2015 performance and what its strategy, “focused on the group deleveraging and on cash cost optimisation”, means for 2016.

AMA
AMA

SP Angel Morning Mining note: Amara, Aureus, Firestone Diamonds, Galantas, Petropavlovsk, Shanta & Petra

John Meyer of SP Angel this morning comments on Amara Mining (AMA), Aureus Mining (AUE), Firestone Diamonds (FDI), Petra Diamonds (PDL), Shanta Gold (SHG), Galantas Gold (GAL) and Petropavlovsk (POG) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond.

POG
POG

Petropavlovsk - IRC update: we remain buyers

Petropavlovsk (POG) has notified UK Investors of a further announcement from IRC Ltd, the Hong Kong-listed industrial commodities company in which it is a significant shareholder.

Princess-Leia

Notes from Underground: Boxing Day Rebellion

Today's edition comes from the banks of the Ottawa River in the bucolic Gatineau region of Canada. Unusually for this date, there is no snow and the river is unfrozen. Ciimate change denier Tom Winnifrith will probably put the blame on Canadian pot-smokers warming the air in anticipation of looming legalisation.

POG
POG

Tom Winnifrith's share tips of the year No 1 - Buy Petropavlovsk at 6.7p offer

You have, by now, read my macro calls for 2016 which you may or may not have dismissed as complete mumbo jumbo but I hope they make sense. You will see that I expect the gold price to pick up during the next 12 months. Not to rocket but to improve and that makes Petropavlovsk (POG) at a 6.7p offer a very obvious first tip of the year.

Tom

Tom Winnifrith's six big macro-economic calls for 2016

How many macro-economic forecasters does it take to change a lightbulb? None. You get someone who knows what they are doing to do it. In that vein I offer up my six big macro calls for 2016. I am a bottom up investor - my share tips of the year will follow - so this is not really my forte but I have views - and did study economics at university - and these shape my investment calls. So here goes.

Amanda-Van-Dyke

Video: Amanda van Dyke's Gold Panel at Gold & Bears

On the gold panel at Gold & Bears chaired by my friend the Van Goddess, Amanda van Dyke are Peter Hambro of Petropavlovsk (POG), John McGloin of Amara (AMA), Dominic Frisby and Angelos Demaskos. Enjoy.

Bearcast

Tom Winnifrith Bearcast 21 December: Lenigas not the only scumbug on AIM, ooops I forgot

On today's regular bearcast naturally I do comment on a few Jabba The Hutt stocks - notably Afriag (TOAST) as they are tanking but the main David Lenigas leaves the AIM Casino bearcast is HERE. Elsewhere I look at 88 Energy (88E), New World Resources (NWR), Rightster (RSTR), CH Bailey (BLEY), Iofina (IOF), ECR Minerals (ECR), Gable (GAH), Concha (CHA), Conroy Gold (CGNR),  Petropavlovsk (POG) and Alba Minerals (ALBA)

POG
POG

Zak Mir's Great Request Show: Netplay, Petropavlovsk, Plus500

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in Netplay (NPT) Petropavlovsk POG) and Plus500 (PLUS) and set share price targets for all three stocks.

EZH
EZH

Eazyhotel (#EZH) gets planning permission for site in welfare slums of Liverpool

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Netplay, Petropavlovsk, Plus500

  • 2393 days ago
Bearcast

Tom Winnifrith Bearcast 13 December - From a pain in the back to David Lenigas

I start with back news, not good but at least I have a handy tip for dodging passport control. Then it is onto the son of the late Brian Schneider of OEM infamy. He wants you and I to pay far more tax from our legitimate earnings though he has lived a privileged life - and still does - thanks to the proceeds of crime. He is a leading Jeremy Corbyn organiser. Right on Comrades. I look at Petropavlovsk (POG) and the idea of buying shares for the bid.  I move onto a new biotech IPO, Levrett. I explain why its a bargepole but also how the coverage of this in the Mail on Sunday (Simon Watkins) shows again the corrupt nexus between certain financial journalists and the PR world with an aim to dupe you, the investor. Then it is onto Jabba The Hutt's Afriag (AFRI) where I follow on from today's bombshell HERE and the follow up HERE by explaining the real problem it - and AIM - now faces.

POG
POG

Video: Petropavlovsk presents at Gold & Bears - November 28 2015

We own shares in this one so I popped along to hear Peter Hambro of Petropavlovsk (POG) present in person. The Sunday Times reports that today some Russian has built a 20% stake and might bid. I hope not as I see these shares at 19p within three years - they are 6.4p today and a buy.

POG
POG

SP Angel Morning Mining Note: AngloGold Ashanti, Horizonte Minerals & Petropavlovsk

John Meyer of SP Angel this morning comments on AngloGold Ashanti (ANG), Horizonte Minerals (HZM) & Petropavlovsk (POG) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

POG
POG

Zak Mir's Great Request Show: Avon Rubber, Petropavlovsk, Hochschild Mining

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares of Avon Rubber, Petropavlovsk, Hochschild Mining and offer some share price targets for all three stocks.

POG
POG

Petropavlovsk Trading statement - all on track: buy

Petropavlovsk (POG) has updated that it “successfully achieved its Q3 production levels” and “is confidently following its repayment schedule and expects to stay within its financial covenants at the year-end results” - good news!

SP Angel Morning Mining Note: Anglo American, BHP Billiton, Mineral, Ortac Resources & Petropavlovsk

John Meyer of SP Angel this morning comments on Anglo American (AAL), BHP Billiton (BLT), Minera (MIRL), Ortac Resources (OTC) and Petropavlovsk (POG) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

POG
POG

SP Angel Morning Mining Note: Aureus Mining, Petropavlovsk, Shanta Gold, Sirius Minerals, SolGold, Stratex International & Vedanta Resources

John Meyer of SP Angel this morning comments on Aureus Mining (AUE), Petropavlovsk (POG), Shanta Gold (SHG) Sirius Minerals (SXX), SolGold (SOLG), Stratex international (STI) & Vedanta Resources (VED) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

POG
POG

Buy Petropavlovsk at 6.47p - target price to sell within 3 years 19p

Investment Case: As noted last month with Berkeley Energy, it is not a surprise to see eye-watering share price declines over previous years for stocks with sector: “Mining”. Shares in *Petropavlovsk plc, formerly Peter Hambro Mining, (POG) have particularly suffered – they down from more than 400p at the commencement of 2011 and more than 100p at the commencement of 2013 to a current 6.47p offer price – amidst a combination of sector-wide and company-specific challenges, the latter including a vast debt pile. However, a recent refinancing and refocusing – with production now being optimised from a cash generation point of view – now offer the promise of a decent recovery from current levels and the shares are a buy…the target price to sell is 19p within three years.

POG
POG

SP Angel Morning Mining Note: Asiamet Resources, Central Rand Gold, Condor Gold, Gem Diamonds, Glencore, International Ferro Metals, Metal Tiger, North River Resources, Petropavlovsk & Premier African Minerals

John Meyer of SP Angel this morning comments on Asiamet (ARS), Central Rand Gold (CRND), Condor Gold (CNR), Gem Diamonds (GEMD), Glencore (GLEN), International Ferro Metals (IFL), Metal Tiger (MTR), North River Resources (NRRP), Petropavlovsk (POG) & Premier African Minerals (PREM) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

LMI
LMI

SP Angel Morning Mining Note: International Ferro Metals, Petropavlovsk, Lonmin and Stratex International

John Meyer of SP Angel this morning comments on International Ferro Metals (IFL), Lonmin (LMI), Petropavlovsk (POG) & Stratex International (STI) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

POG
POG

Zak Mir's Great Request Show: Arrow Global, Optimal Payments, Petropavlovsk

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at the shares of Arrow Global (ARW), Optimal Payments (OPAY), Petropavlovsk (POG) and offer some share price targets.

POG
POG

Petropavlovsk: SP Angel slashes forecasts but still sees 40% upside in the shares

Broker SP Angel has slashed its forecasts for gold miner Petropavlovsk (POG) citing lower gold prices and output predictions. But with the shares at 5.5p it still sees 40% upside wth a 7.7p target price (down from 11p). The broker note is detailed.

POG
POG

Buy Petropavlovsk

I am generally speaking a gold bug, I believe gold will go higher, the long term fundamentals support that, but whether gold goes higher this year or 5 years from now, I don’t know. The reality is the market forecasts for gold are between 1000/oz., and 5000/oz., anytime within the next 5 years. To quote Mr. Keynes, “the market can remain irrational for longer than you can remain solvent”. Based on that I prefer producers with solid margins, and solid management that are undervalued based on fundamentals. I believe Petropavlovsk (POG) to be in that category.

POG
POG

Petropavlovsk: what hope for this stricken miner?

Bombed-out former gold mining star Petropavlovsk (POG) is cutting costs at its mines in Far East Russia’s Amur region and paying off debts as it maintains its drive to cut costs, boost efficiency and curb expenditure. The fully-listed company, whose shares collapsed from more than £13 five years ago to 2.17p within the past 12 months before bouncing to 6.57p now, says half-year figures will show it is on track to cut its average cash costs, before financing, from $700 (£450) an ounce to $600, against a current depressed $1,093.48c market price.

AAU
AAU

SP Angel Morning Mining Note: Ariana Resources, Goldplat, Mwana Africa, Petropavlovsk and Shanta Gold

John Meyer of SP Angel this morning comments on Ariana Resources (AAU), Goldplat (GDP), Mwana Africa (MWA), Petropavlovsk (POG) and Shanta Gold (SHG) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

POG
POG

Zak Mir's Great Request Show: Exova, Infrastructure India, Petropavlovsk

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Exova (EXO), Infrastructure India (IIP), Petropavlovsk (POG)

Zak Mir's Bulletin Board Heroes - Featuring Ariana Resources, Coms, Petropavlovsk, Tertiary Minerals

Featuring Ariana Resources (AAU), Coms (COMS), Petropavlovsk ([POG), Tertiary Minerals. (TYM)

OCT
OCT

Zak Mir's Bulletin Board Heroes - Featuring Boxhill Technologies, Kodal Minerals, Octagonal, Petropavlovsk, Weatherly International

Featuring Boxhill Technologies (BOX), Kodal Minerals (KOD), Octagonal (OCT), Petropavlovsk (POG), Weatherly International (WTI)

SP Angel Morning Mining Note; Avocet Mining, EMED Mining, Petra Diamonds and Petropavlovsk

John Meyer of SP Angel this morning comments on Avocet Mining (AVM), EMED Mining (EMED), Petra Diamonds (PDL) and Petropavlovsk (POG) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

POG
POG

Video: Amanda Van Dyke Interviews Peter Hambro of Petropavlovsk at UK Investor Show

And now for something a little different from UK Investor Show, a video of a face to face interview by mining guru Amanda Van Dyke with Peter Hambro of Petropavlovsk (POG)

POG
POG

Video from UK Investor: Tom Winnifrith Head to head with Peter Hambro

I have bashed Peter Hambro of Petropavlovsk (POG) over the years but all credit to the man in that he appeared on the main stage at UK Investor to take questions and stand up to me. Respect! Enjoy.

POG
POG

UK Investor Show: New Speaker – Peter Hambro of Petropavlovsk head to head with TW

I have given Peter Hambro and Petropavlovsk (POG) some almighty stick over the years and been proved right. Now Peter reckons it is time to hit back so he and I will debate on the main stage at UK Investor show in a quick fire 10 minute Vinnik vs Santos head to head.

Changes in disclosable net short positions - week to 06/03/2015

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details changes to net short positions in the last week (red if short increased, green if reduced)...

AFR
AFR

Afren Shareholders Should Look to Petropavlovsk For Best Case Scenario

I've previously said that Petropavlovsk (POG) is a good example of what is likely to happen at Afren (AFR) – see HERE but what does that mean for the share price? 

AFR
AFR

Afren Defaults, Directors Now Working For Creditors

Afren (AFR) has defaulted as expected, and huge dilution is on its way for shareholders. I'm sorry for all genuine, non-abusive shareholders who are going to lose money in the company . I've been there, and anyone who has been in the market for a long time and claims differently is a liar. The Board of Directors are now duty bound to seek maximum recovery values for its creditors. Bonds currently trade at about 45c. 

Bearcast

Tom Winnifrith BearCast - 27 February

I feel like a drowned rat as it is tipping it down here in Greece and I have done some manual labour today. Back to business, in today's podcast I look at Quindell, Rightster ( make sure you listen to the overnight special on that one HERE), Plethora, Aeorema, Kea, Petropavlovsk, Mosman Oil and Gas and do a special on Pires Investments.

Listen to the Bearcast:
POG
POG

Tom Winnifrith Bearcast: Petropavlovsk, Peter Hambro, Indaba - you make me sick

City grandee Sir Peter Hambro is quoted in today's Daily Mail, bleating about how prvate investors in Petropavlovsk (POG) hate him and might allow his POS company to go into administration. Good. I hope they do. I view Mr Hambro and his company with contempt. He is a rich man and shareholders have lost up to 98% of their cash.  But Eton educated Hambro just does not get this becuase he thinks he is better than we peasants. I also look at the crony capitalist knees up starting at Indaba. Jeepers these folk all make me so angry for how they abuse ordinary private investors. 

Listen to the Bearcast:
Bearcast

Tom Winnifrith's BearCast - 8 December

I am in a good mood today. I shall be seeing the Mrs soon and almost as good I get three kills: Quindell, Maple Energy and Cupid. All three are covered as are the next raft of kills: Naibu, Pressfit, China Chaintek and Camkids. Also on the agenda are Enegi Oil and Petropavlovsk

Listen to the Bearcast:

The top 20 reported net short positions in London - 02/12/2014

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the 20 highest net short positions and the changes (red if short increased, green if reduced) since a previous analysis HERE.

The top 20 reported net short positions in London - 20/11/2014

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the 20 highest net short positions and the changes (red if short increased, green if reduced) since a previous analysis HERE.

POG
POG

Big risks & Big Rewards in Petropavlovsk

If you are bullish on gold prices in the near future and like risk then Petropavlovsk (POG) is well worth a look. This is by no means a safe bet, and if you’re not prepared for the remote possibility of losing the lot then this certainly isn’t for you – but then the same can be said of many companies!

HGM
HGM

Buy Highland Gold Mining: A Genuine Bargain Hunting Contender To Target 110p

Clearly, as things stand, anyone who has been attempting to buy the likes of Petropavlovsk (POG), Kazakhmys (KAZ) and African Barrick Gold (ABG) as potential bottom fishing candidates will not have had an easy ride so far in 2013. Indeed, it could be argued that unless your timing has been perfect, such antics could be included as one of the most foolish things to do year to date.

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